IoT

Explosive Growth in Global IoT Insurance Market Predicted by 2032
Technology & Trends Explosive Growth in Global IoT Insurance Market Predicted by 2032

The global IoT (Internet of Things) insurance market is on the brink of experiencing explosive growth over the next decade. The market, valued at USD 37.0 billion in 2023, is projected to skyrocket to USD 430.1 billion by 2032, driven by a compound annual growth rate (CAGR) of 30.38% from 2024 to

October 15, 2024
How are Advances in Technology Revolutionizing Insurance Risk Management?
Risk Management How are Advances in Technology Revolutionizing Insurance Risk Management?

In the rapidly evolving insurance industry, innovation in risk assessment and management stands as a pivotal theme. The integration of cutting-edge technologies and methodologies, particularly through the work of industry experts like Paraskumar Patel, is transforming how insurers evaluate and

September 27, 2024
How Has HSB Transitioned from Boiler Inspections to IoT Solutions?
Technology & Trends How Has HSB Transitioned from Boiler Inspections to IoT Solutions?

The Hartford Steam Boiler Inspection & Insurance Co. (HSB) has undergone a transformative journey, evolving from its original focus on steam boiler inspections to becoming a leader in technology-driven risk management and insurance solutions. This remarkable transition is a central topic in the

September 19, 2024
How Will Data Analytics Transform Automotive Insurance in 2023?
Technology & Trends How Will Data Analytics Transform Automotive Insurance in 2023?

In the rapidly evolving automotive industry, the integration of data analytics and Internet of Things (IoT) technologies promises a significant transformation in how insurance companies operate. One of the most groundbreaking collaborations is between Liberty General Insurance Berhad (Liberty) and

September 6, 2024
Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract?
Technology & Trends Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract?

Is Ondo InsurTech Positioned for Market Success with NFU Mutual Contract? Ondo InsurTech PLC, a company listed on the London Stock Exchange under the ticker LSE: ONDO, has recently garnered significant attention following its notable contract win with NFU Mutual. This contract is only one of

September 6, 2024
How is Data Analytics Revolutionizing the Insurance Industry?
Technology & Trends How is Data Analytics Revolutionizing the Insurance Industry?

The digital age has ushered in an era of transformation, impacting every industry, with insurance being no exception. Data analytics has emerged as a game-changer, altering how insurance companies operate, evaluate risks, and engage with customers. This article delves into the nuances of data

July 17, 2024
Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later